Axa Sa (OTCMKTS:AXAHY) Stock Now Rated "Moderate Buy" by Wall Street Brokerages

Key Points

• AXA has a “Moderate Buy” consensus rating from six covering analysts: three rate it a buy, one a strong buy, one a hold, and one a sell.
• Recent analyst actions were mixed: DZ Bank upgraded AXA to “strong buy,” while Erste Group Bank downgraded it to “hold”; RBC, Citigroup, and Morgan Stanley maintained positive ratings.
• AXA shares opened at $48.14, compared with a 12-month range of $43.04 to $52.56. The Paris-based insurer operates globally across property and casualty, life, health, retirement, savings, and asset management services.

Axa Sa (OTCMKTS:AXAHY - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the six ratings firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating, three have given a buy rating and one has issued a strong buy rating on the company.

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of AXA in a report on Friday, September 25th. Erste Group Bank downgraded shares of AXA from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, September 8th. DZ Bank upgraded shares of AXA from a "hold" rating to a "strong-buy" rating in a report on Tuesday, September 22nd. Citigroup reiterated a "buy" rating on shares of AXA in a research note on Thursday, August 27th. Finally, Morgan Stanley restated an "overweight" rating on shares of AXA in a research note on Tuesday, August 4th.

AXA Stock Performance

Shares of OTCMKTS AXAHY opened at $48.14 on Tuesday. AXA has a twelve month low of $43.04 and a twelve month high of $52.56. The company has a 50 day moving average of $49.06 and a 200 day moving average of $48.06.

AXA Company Profile

AXA OTCMKTS: AXAHY is a global insurance and financial services group headquartered in Paris, France. The company provides property and casualty insurance, life insurance, health insurance, retirement and savings products, and related assistance services to individuals, businesses and institutional clients.

AXA serves customers across Europe, North America, Asia-Pacific, Africa and the Middle East through a network of insurance operations and distribution channels. Its business also includes asset management and investment solutions, supporting individual policyholders, corporate clients and institutional investors.

The group traces its origins to a mutual insurance company established in France in 1816 and adopted the AXA name in the 1980s as it expanded internationally.

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